Property prices for sale in Tennant Creek (Northern Territory)
The prices in real estate in Tennant Creek, in the Northern Territory region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Tennant Creek has increased during the last 6 months. In November, the average price per m² was $315. In December this price pretty much remained the same at a value of $323 per m². The price for the following two months in (January, February) had a considerable increment of 117 %. The price per m² has decreased 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $346.5 to $325.5 during March, and April.
Based upon to the price in Tennant Creek (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $316,459. In December This price remains at $325,122. During the following two months (January, February) the average price had a considerable increase of 224 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $518,883.25 to $429,187.5, which means a 83 % fall.
